Few
things shock me anymore, I'm sad to say. However, Monday, September
29, 2008, was something to behold. Not only didn't the insidious "bail
out" pass in the U.S. House of Representatives, but a substantial
number of Americans put up such a ruckus, it had to have had a very
chilling effect on the shadow government. As I watched the DOW tank
to -777, I wondered why the Bush Administration's PPT (Plunge Protection
Team) didn't step in and stop the dive. It occurred to me why the money
cartel may have decided not to intervene. The American people would
come home from work, already worried about the economy, see the stock
market had tanked big time and panic.

Immediately
following the vote, all the finger pointing began with what can only
be described as behavior attributable to kindergartners. Pelosi went
on record saying the Democrats would not pass this "end of the
world legislation" unless they got "cover" from a bipartisan
vote with a large enough number of Republicans. I kid you not, that's
what this flaky female upchucked. Not to be outdone, millions by now
have seen Republicans respond to allegations that some of them voted
against the bill because of Pelosi's rancorous criticism of Bush and
the GOP right before the vote.

Both
sides began a propaganda campaign, aided and abetted by fact challenged
media and cable news network hot shots like Bill O'Reilly and McCain
pimp, Sean Hannity. Nazi Minister of Propaganda, Joseph Goebbels, must
be cackling from Hell. The mantra took on a form and text that has been
virtually unchanged for three days as I write this column; it has been
repeated by Obama and McCain shamelessly. As I write this, Obama is
on the senate floor spewing the same propaganda: If this rescue plan
doesn't get passed, small employers won't be able to make payroll on
Friday. College students won't be able to pay tuition. Businesses can't
borrow. Americans won't be able to buy a car or home. Commerce will
stop. These key sentences have been repeated over and over and over.

Without
question, the situation is bleak as thousands of us have written for
years. Maria Bartiromo, CNBC financial expert (whose
credibility came into question regarding her cozy relationship with
Citigroup), stated on MSNBC, September 30, 2008, and I'm paraphrasing:
Banks aren't lending and until the banks are "recapitalized,"
they won't loan. Couples with perfect credit will have trouble getting
a home mortgage, never mind those with 'a problem.'

In
other words, because these massive lending institutions and banks have
been caught with cooked books and gross mismanagement, the American
people must bail them out to "recapitalize," reward incompetence
and perhaps even criminal activity. Americans who should never have
qualified for home loans should be given special treatment at the expense
of those who have never been able to buy a home (or don't want one),
or who make their loan payments on time.

I
called our federal credit union today to inquire about a car loan; I'm
not buying, just doing research. They said they're loaning and happy
to help me out. I called our federal savings bank to inquire about a
home mortgage; I'm not buying, just doing research. Well, they certainly
are making loans. I see Countrywide's current ads seeking home buyers.
I have no doubt that credit has tightened up considerably, but banks
and lending institutions are supposed to be cautious with depositors
and stock holders money. If they make bad loans and bad decisions, like
any other business, they fail. Yes, we're talking about banks here,
but in a free market system which works best, government bail outs,
while not only being unconstitutional, will never solve the problem.

While
the majority of Americans are at work (or school) during the day and
with time at a premium, many are not able to see anything other than
the scare tactics we've seen this past week. While millions of Americans
(Bravo!) hit the phones, faxes and emails to Congress, many more don't
see the big picture or understand just how complicated the system has
become: A behemoth bringing down our country, drowning we the people
in debt. Please remember that while you and I and our children are "recapitalizing"
these lenders and banks, the bad debt is still there. With this vote,
the government is going to unconstitutionally buy all this used toilet
paper.

Since
my last column, the national debt has now risen above $10 TRILLION dollars.
The people's purse is overdrawn in numbers most people can't comprehend,
yet Congress is jumping out of their skin to write even more hot checks
to bail out bad businesses and the list will continue to grow. Despite
the new "loans" given the big auto makers last week from an
empty treasury, the outlook is bleak: June 20, 2008. General
Motors Death Watch 181: Bankruptcy. "Meanwhile, despite their
political influence, the United Auto Workers will not be happy; the
Mother of All Health Care VEBAs will not be funded. Period. The union
will have to make do with what they have. DT figures the rest of the
OPEB (Other Post-Employment Benefits) also face a grim, under-funded
future."

Why
the shrill insistence that "something" get done before Congress
adjourns? Why the massive push to "cobble" together a bill
before Congress goes out of session for a three month vacation? The
DOW took a dive on Monday, but on Tuesday closed up 485, recovering
much of the loss from the day before. While Congress was closed to celebrate
the Jewish holiday, Rosh Hosana, the market worked on its own. Back
on October 3, 2006, Michael Nystrom, penned an excellent piece titled,
The Dow's
Phony High, where he pointed out:

"But
look beyond the headlines, and you see a different story. While the
Dow hit a new high today, not a single of its component stocks did.
Interesting, isn't it? The index is at a new all time high, but 70%
of its components are down 20% or more!"

Where
did this $700 billion dollar number come from? It's been repeated ad
nauseum. When one considers these inept public servants (both parties)
turned a blind eye until the problem blew up in their faces right before
they were ready to adjourn for the year, don't they wonder how this
$700 billion dollar price tag was suddenly thrown out there? Perhaps
this will solve the puzzle for them:

"Our
buddy from two lifetimes ago, Carl Lavin over at Forbes.com,
points out a fascinating paragraph buried in a story on his web site
late last week by Brian Wingfield and Josh Zumbrun.

"You
know, this $700-billion figure that exploded into everyday political
parlance almost as fast as Sarah? The $700-billion "cost"
of resolving the financial crisis and restoring confidence and liquidity
in the credit markets starting this morning?

"The
$700-billion figure that Senate Democratic Majority Leader Harry Reid
first said he could really use McCain's help with, but then the Arizonan
took him up on it and Reid suddenly said the Republican would only get
in the way and anyway, Reid said, he already had a done deal, except
he didn't and the Nevadan ended up being the embarrassed one?

"The
$700-billion figure that won't really end up being anywhere near the
actual cost because no one knows what all those mortgaged properties
are really worth now anyway? Which is the whole problem in the first
place because the institutions holding that paper don't know the value
of what they're holding either, which is why everyone suddenly got so
frightened?

"That
$700-billion figure that won't really last because eventually the feds
will sell off what they're buying and might even make a profit in the
end as they did with the Chrysler bailout warrants years ago? You know
where that very important $700-billion figure came from?

"Here's
a quote from that Forbes story: "It's not based on any particular
data point," a Treasury spokeswoman told Forbes.com Tuesday. "We
just wanted to choose a really large number." They made it up to
be sufficiently ginormous to frighten everyone into rapid action. And
it worked."

Advertisement

A
Treasury spokes mouth said the $700 billion dollar figure was made up.
The number is fake! These elitists who run our lives believe in their
arrogance they could simply pluck a big enough number out of the sky
and the American people would swallow it out of fear. It sort of worked
because as the old saying goes, You can fool all the people some of
the time, and some of the people all the time, but you cannot fool all
the people all the time.

Headlines
around the world the past week have screeched bank bail outs in many
other countries blaming the U.S., and demanding our Congress pass this
$700 billion dollar hoax. I don't think enough Americans understand
just how convoluted and massive are the connections between the unconstitutional,
privately owned "Federal" Reserve and other global financial
institutions. How many Americans know this private banking cartel is
being
audited by another corrupt mega outfit called the International
Monetary Fund --- unlawfully funded with billions annually from the
sweat and labor of the American people: "In fact, the United States
now supplies $27 billion of funds to the IMF at an annual cost to the
taxpayer of $1.9 billion--an expenditure conspicuous by its absence
in the Federal budget and a hidden element in our deficit and debt."[1]

Pretty
neat magic trick since there's no money in the people's treasury. Every
penny has to be borrowed from the FED and handed over to these international
banker barons while you, me, our children and grand children will be
forever saddled with the compounding debt. As if this dark comedy couldn't
get any worse, these craven individuals who serve in one Congress after
another, continue to "forgive" debt owed to we the people
while they play their vile games (bold is my emphasis):

U.S.
Forgives Iraq Debt To Clear Way for IMF Reforms
April 27, 2007

"Consistent
with a plan arranged last month at a meeting of top industrialized nations,
whereby the countries would eventually relieve approximately 80 percent
of the debt Iraq is said to owe them collectively, Friday's move was
the first among many planned to eventually forgive the bulk of Iraq's
crippling debt burden. In exchange, Iraq will surrender its
economic sovereignty to global financial institutions, provide
foreign investors greater access to Iraqi natural resources, and increase
investment opportunities for multinational corporations.

"According
to the three-stage agreement reached last month at a meeting of the
Paris Club -- an organization seating representatives of nineteen economic
powers, including the United States, Japan, Russia and many European
countries -- 30 percent of Iraq's estimated $40 billion (USD) debt to
those nations is to be relieved outright, with no strings attached."

Come
April 15, 2009, as you struggle to write that check to the IRS on top
of what was stolen from you throughout the year in the scheme called
withholding, remember where that money is going. Remember that a portion
of what you work for today will be sent without any legal authority
under the U.S. Constitution to fund these world banking conglomerates
while you struggle to turn on the heat this winter and buy warm clothes
for your family.

What
is it? Basel II is a continuation of the first agreement reached between
several countries:

The
full title of the accord is Basel II: The International Convergence
of Capital Measurement and Capital Standards - A Revised Framework.

"Higher
risks assets are moved to unregulated parts of holding companies.
Alternatively, the risk can be transferred directly to investors by
securitization, the process of taking a non-liquid asset or groups of
assets and transforming them into a security that can be traded on open
markets.

"Basel
II has resulted in the evolution of a number of strategies to allow
banks to make risky investments, such as the subprime mortgage market.
Higher risks assets are moved to unregulated parts of holding companies.
Alternatively, the risk can be transferred directly to investors by
securitization, the process of taking a non-liquid asset or groups of
assets and transforming them into a security that can be traded on open
markets."

"The
Committee's members come from Belgium, Canada, France, Germany, Italy,
Japan, Luxembourg, the Netherlands, Spain, Sweden, Switzerland, the
United Kingdom and the United States. Countries are represented by their
central bank and also by the authority with formal responsibility for
the prudential supervision of banking business where this is not the
central bank...

"The
Committee encourages contacts and cooperation among its members and
other banking supervisory authorities. It circulates to supervisors
throughout the world both published and unpublished papers providing
guidance on banking supervisory matters. Contacts have been further
strengthened by an International Conference of Banking Supervisors (ICBS)
which takes place every two years. The Committee's Secretariat is located
at the Bank for International Settlements in Basel, Switzerland."

Right
now the IMF is putting
pressure on Congress to approve this massive fraud and theft. A
foreign entity demanding our Congress jump when they snap their fingers.
The foundation for a world currency controlled by these operations,
IMF, BIS, etc., has been underway for a long time and the blatant push
for completion is now out in the open.

And,
now for the kicker which I covered in a recent column. Please
watch this eight minute video in which you will find out one of
the hidden reasons for this massive push to get these bills pushed through:
hundreds of billions of dollars will go to bail out foreign investors
like communist China. This short video contains a brief segment from
CNBC (1:46 seconds into clip) and you can bet key "leadership"
in Congress, Obama and McCain all know the bottom line. Remember the
headlines last week? China stops
its banks from lending to U.S. banks. Either Congress pony's up
or no more credit. How does it feel to be pushed around by the Reds?

The
vote passed in the counterfeit U.S. Senate last night. (Roll
call of votes here.) Not for the fake figure of $700 billion, but
$850 billion dollars with
loads of pork --- including funding for mental health issues! The
final senate bill is over 400 pages; few senators had time to read it,
but voted for it. Feinstein's office received 95,000 calls; 85,000 against
the bail out, but she voted for it anyway. Why wouldn't she? Her and
her husband, Richard Blum, are tight in the sheets with commie China.

After
the vote, Sen. Harry Reid had the gall to hold a press conference to
say "it wasn't a perfect bill." Once again, these incompetent
public servants are handing we the people another dirty diaper to "hurry
up and get it done" so the little guy on the street can borrow
more money! He also said it wasn't a Democrat or Republican bill, but
an American one. Cover their collective backsides by sharing the blame
when this one blows up in their faces.

The
House is expected to vote on their latest version of rape and pillage,
Friday, October 3, 2008. Get on the phone and tell your House member
NO. Every call counts until the vote in
the House takes place. We have to stop the house because the
flood gates are about to burst: "One of the individuals in
the caucus today talked about a major insurance company -- a major insurance
company -- one with a name that everyone knows that's on the verge of
going bankrupt. That's what this is all about." Sen. Harry Reid,
October 1, 2008; he then back tracked realizing what the big gap on
the front of his face let loose.

And,
don't forget to send a tube of cheap lipstick to your house member and
counterfeit U.S. Senator who voted yes on this grand larceny. Send a
deep red like hookers wear as they ply their wares on the street corner
and send it to their district offices since Congress should adjourn
for the year as soon as the house sells us out Friday (barring a miracle).
Let them return to their district offices to tens of thousands of tubes
of red lipstick. Get as many people as you can, call the media and make
the delivery of the tubes of hooker lipstick a real event!

Devvy
Kidd authored the booklets, Why
A Bankrupt America and Blind Loyalty;
2 million copies sold. Devvy appears on radio shows all over the country,
ran for Congress and is a highly sought after public speaker. Devvy belongs
to no organization.

She left the Republican
Party in 1996 and has been an independent voter ever since. Devvy isn't
left, right or in the middle; she is a constitutionalist who believes
in the supreme law of the land, not some political party. Her web site
(www.devvy.com) contains a tremendous
amount of information, solutions and a vast Reading Room.

After
the vote, Sen. Harry Reid had the gall to hold a press conference to say
"it wasn't a perfect bill." Once again, these incompetent public
servants are handing we the people another dirty diaper to "hurry
up and get it done" so the little guy on the street can borrow more
money!